[South Korean Stock Market Volatility Response Mechanism (VI) Triggered 6,646 Times in October, a Record High of 53,400 Trials This Year] Data from the Korea Exchange shows that the KOSPI market volatility mitigation mechanism (VI) was triggered 6,646 times in October, approximately 1.8 times the 3,695 times in August and 3,749 times in September. As of the end of October, the VI has been triggered a total of 53,400 times this year, exceeding the 35,500 times triggered in the entire year of 2020. The average daily volatility of the KOSPI in October was 3.58%. Affected by concerns about AI profitability and the CoreWeave credit crisis in the United States, the KOSPI fell by 16.19% (Source: Yonhap News Agency).
